Brussels: The European Commission has announced a proposal to mobilize £1.1 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to aid 351 workers dismissed by four paper manufacturers in Finland. This initiative aims t…
Nicosia: Cyprus tourism has shown resilience in 2026, rebounding from a challenging start to the year. According to Cyprus News Agency, the island nation experienced a record year in 2025 with tourist arrivals reaching 4.53 million. However, renewed i…
Nicosia: The share of hybrid passenger saloon cars surged to 52.4% in the first eight months of 2026, up from 43.6% in the corresponding period of 2025, according to data released by the Statistical Service on Tuesday. By contrast, the share of petrol…
Nicosia: The final cost of the Cyprus-Greece electricity interconnection, the Great Sea Interconnector (GSI), is expected to be significantly higher than the pound 1.9 billion currently estimated capital expenditure (capex), according to Finance Minis…
